Although Amazon and Forever 21 both reportedly showed interest in bidding on American Apparel during its bankruptcy auction, Canadian apparel manufacturer Gildan Activewear won the rights to the brand ...
Yesterday, American Apparel filed for bankruptcy for the second time in 13 months. After a failed search for a buyer, the company is now being sold for parts. The only deal it has in hand is with ...
Reporting from Washington — With its second bankruptcy filing in a little more than a year and an agreement to sell its brand to a Canadian firm, American Apparel Inc.’s tumultuous corporate history ...
TORONTO • The potential of rival bids emerging for American Apparel have taken some air out of Gildan Activewear Inc.’s shares. That’s the view of analyst Keith Howlett of Desjardins Securities, who ...
Montreal-based activewear brand Gildan has entered into an asset purchase agreement to acquire the worldwide intellectual property rights and certain assets of the American Apparel brand for ...
For years, American Apparel proudly touted its “Made in Los Angeles” motto. With its sale Tuesday to a Canadian sportswear firm, neither American Apparel’s name nor its motto will ring so true. Gildan ...
Montreal-based Gildan Activewear Inc. on Tuesday said it emerged as the winner in the court-supervised auction to acquire the American Apparel brand and certain assets (but none of its 110 stores) ...